Can Eastman Kodak make Money? — Market Mad House

The Eastman Kodak Company (NYSE: KODK) is the phoenix of the American stock markets. Like the mythical bird, Kodak keeps rising from the ashes each time they announce its death.

Kodak (NYSE: KODK) became famous by mass producing cameras ordinary people could use. During the 20th Century, Kodak became a household name by dominating the market for photographic film. However, digital cameras and the iPhone killed traditional photography and Kodak’s business.